Home	Tutorial	Online Casino Reviews	Best Online Casinos	Casino Software	Casino News

Online Casino Gambling --- Casino News

Finding a Buyer for Online Casino Software

Playwize announced that the company will no longer trade on the stock market and that the company plans to sell its assets in the coming months as a way to pay off creditors. Some speculation in the online casino gambling industry however wonders just what company might be shopping for a new software platform to acquire considering the state of the current global economy. Selling simply the software platform is one task, but helping the sale is perhaps the fact that Playwize also had a very positive reputation in the industry and the company’s software was actually well regarded – it’s just the whims of the market that forced the company to close its doors, not an inferior product.

A reverse takeover is in consideration apparently in regards to the Headstart funds that were issued to Playwize previously. If all goes as the company plans, there will be some additional funds leftover after the creditors and the such are paid. Those funds would then be subject to negotiations with Headstart. All of that aside though, there may be interest in the company outside of the online casino gambling industry.

Although Playwize does own a successful online casino gambling software platform, the company also has interests and assets within the gaming sector as a whole. Specifically, the company has previously developed games for the video gaming industry – this means games for everything from the popular XBOX to the Nintendo, and even games for Sega. In short, the company has wide-ranging interests and assets and there is every likelihood that a company not involved in the internet casino industry could snap up some of Playwize’s software and assets.